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president obama's former campaign manager david plouffe and steve schmidt talk about the 2012 election. both mr. playoff and mr. schmidt attended the university of delaware. >> welcome back to the national agenda program. i'm director for the center of political communication. this is the final program of the 2012 presidential election season. i'm very very pleased that all of you are here tonight and i know that's a tribute to our two guest speakers this evening. two years ago in the wake of the sha lacking president obama took in the midterm congressional elections, the architect of the president's 2008 victory david plouffe stood on this stage and predicted the electorate voting in 2012 would be more diverse and younger than it was just two years earlier. he talked then about the growing latino electorate and he predicted that the obama campaign in 2012 would have to take advantage of those demographic opportunities. plouffe also predicted on this stage that the american people in 2012 would have had enough of republicans who were like glenn beck, sara palin and rush limbaugh. we are just
's filtration processes. the most recent presidential election in the united states. there was something, if you went through the republican primaries, that people were saying, well, it's not this person. it's not -- tim drops out after the iowa caucuses and michele bachmann, and newt gingrich, and you're left with a last person standing. most often, it's not about picking a winner, but it's about picking losers. this is not the person. this is not the person, and finally, you get a last person standing. >> host: process of elimination. >> guest: exactly. >> host: which is consistent in whatever organization it is? >> guest: so -- >> host: has to be? >> guest: i think it is in the sense that it's a platonic idea, a simp fied # version of reality that i think you use to build theory. start with simple and make them more complex, but if you take, say, ge. so ge is famous for the way it chooses leaders. ge, we always tell students ge is a company that works in practice, but not in theory. it doesn't seem to do anything of the things we say it should do, but it's incredibly profit l and successful.
's not unique to this election or republican party. in 2004 many democrats believed he had a device on his shoulder so he would be given instructions during the debate. it's snanty. i think in our politics today both parties want to construct an image of their opponent that is not grounded in reaty. so the alternative universe. there are two. one is the romney campaign had an unrealistic view of what the electorate was going to be and that was one of the reasons they lost. certainly one of the reasons they went in the election confident. th wasn't an act. they thought they were going to win. but there is this view of barack obama. if you read and watch the conservative entertainment complex how could this guy get re-elected because we're socialist and week on terism and we're not honest and tt's not how most of america cease the president. even those that voted against us, most of them don't see us that way. so that is the problem. i think it's an underestimating of your opponent's strength and the reality of how people view them. d there was a ridicule that i think -- i don't fully unders
. thank you. >> bret: he is not campaigning for re-election, but president obama is back on the political stump to round up support for his economic plan to get off the fiscal cliff. chief washington correspondent james rosen tells us that has the congressional republicans feeling left out. >> ultimately, the leader is the president of the united states. >> this president in leading the white house and senate democrats in negotiations with the house republicans over how the avoid the so-called fiscal cliff decided for now to forgo further talks with the top lawmakers. task now delegated to the treasury secretary geithner it go and others. instead, president obama is utahing this critical week to meet with the ceos from small and big business and middle class taxpayers before boarding air force one on friday for campaign style rally in the philadelphia area. >> rather than sitting down with lawmakers of both parties an working out an agreement, he is back on the campaign trail. we are not going to this problem creating villains and drumming up outrage. >> he will be out trying to i'm sure
talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class americans who would be hurt if the tax hikes take effect the first of the year. then friday, a campaign style stop in pennsylvania, a toy factory of all places, highlighting the importance of middle class consumers in this holiday season. but back in washington, senate leaders, they are speaking out. you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >> look, we already know the president is a very good campaigner, congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead it a bipartisan agreement
the military offensive in gaz a. this is weeks before the general election. he wants to focus on his personal life. there is more to this story i think. angry workers and a fire in bangladesh. many workers were trapped in the building because of no emergency exits. some of the clothes were made for walmart and sears and clothing line of sean puppy combs. shellie moore catit po will announce her cand date for u.s. senate. she is a pro choice republican and she is a test of the gop's ability to expand the appeal to voters, the congresswoman will run for democrat jay rockefeller's seat. the senator is not saying if he will run again in 2014. it is an exciting day today. shoppers will be pounding the keyboards and not the pavement looking for on line bargains. this year's cyber monday will be a big success with americans expected to spend 1. 5 billion bucks up 20 percent from last year. i saw the deals last night. buy one and 60 percent off on the other. it is enticing. >> brian: deals are for real. and today's on line . happy to see the retailers busy over the weekend. talking about the fiscal c
in a swing state, the co2 question played a major role in the election concerning the coal mining question. to avoid any other misunderstanding, i know what it means to close a coal mine for 35,000 inhabitants, most of them employed in the coal mine. when you close down the coal mine, it was an economic disaster. but today, the coal mine is closed down and you have an economically flourishing city. so it is possible to step away from a traditional industrial structure, with public financing and support to go into another direction. therefore we need more money in the european budget. [laughter] mali and congo, i set a lot about our common commitment, and where the values are challenged, wherever terrorism and terrorist groups try to destroy countries, to bring countries to the state of a failed state, as a basis for terrorist groups to export their terrorism, we must act. somalia is a symbol. what is happening in mali is a direct result of the libyan revolution. it is now distributed in the whole region. not only mali. a at a meeting with the king of morocco to tell me that for his country
an election in january, so there's no real hope that there will be a longer-term agreement before that election, and after that it is anyone's guess as to what type of an agreement they will have here and will anybody be able to forge an agreement that will lead to a lasting peace? that is still a very big question going forward, rick. rick: conor powell live on the ground in jerusalem, thanks. heather: well, u.n. ambassador susan rice defending those early comments on the benghazi terror attacks just days after the raid on the u.s. consulate. ambassador rice went on five sunday talk shows and said that the attack grew out of a spontaneous to protest over an anti-muslim film. and now she says those remarks were based on the intelligence she was given. >> when discussing the attacks against our facilities in benghazi, i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary and that our investigations would give us the definitive answers. heather: national security correspondent jennifer griffin
of taxpayers' money to waste 1 hundred million pounds on a crime committee election? >> right across the country we're going to have local foreign order champions who will stand up and make sure we get a good deal from the police. i have noticed there are two criticisms of the police and crime commissioners. on the one hand they said this been too much money and on the other hand they said we did on spending of promoting it. i can have one criticism or the other but not both? >> the british government borrowed money at record low levels saying taxpayers billions of pounds. >> my friend makes a good point. because we have an incredible plan to get on top of debt and deficit, to show how we will pay our way in the world we have record low interest rates. low interest rates described by the shatter chancellor as a key test of economic credibility. >> ed miller band? >> can i start by joining the prime minister in paying tribute to walter berry of first battalion richmond of scotland. he should yet most courage and bravery and all our thoughts and condolences are for his family and frien
. the remark came during a session of the house of commons. also discussion of recent elections for local police commissioners. this constituency and elsewhere. >> questions for the prime minister first from hunt. >> thank you, mr. speaker. before listing my engagements the house will wish to join me in sending our sympathies and condolences to the family of captain walter berry of first battalion at the royal richmond of scotland. he was described as a fantastic, engaging and professional soldier. he will be truly missed byll who knew him. our nation must never forget his service and sacrifice. this morning i had meetings with many and in addition to my duties in the house, first from hunt. >> kenna join the prime minister in paying tribute to captain barry and dollar soldiers working in afghanistan. libraries are closing, teachers are being laid off and youth clubs are shutting their doors. given that public funds are so precious does the prime minister really think it was a good use of taxpayers' money to waste 1 hundred million pounds on a crime commtee election? >> right across the c
. >> morgan freeman pointing out why he's behind what voters in three states did on election day. >>> and your $2 could be worth 425 million bucks. power ball reaching a new record. let's dream the dream together, shall we? shall we? "newsroom" starts now. -- captions by vitac -- www.vitac.com >>> good morning to you. thank you so much for being with me on this monday morning. i'm carol costello. we begin with the so-called fiscal cliff. 36 days from the crisis. new signs of just how concerned lawmakers really are. more republican lawmakers now say they will work toward a compromise, even if they have to break a promise not to raise taxes. that promise, that pledge, the brain child of anti-tax activist grover norquist, a long-time power broker in the gop. but the vote faced its first test last week when senator saxby chambliss said he was ready to break the promise. congressman king -- now senator lindsey graham has become the latest republican to say he would violate the pledge if democrats also showed willingness to rein in the nation's debt. >> i want to buy down debt and cut rates to creat
parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out what was in it, what wasn't in it is a funding mechanism for federal exchanges. many of the states are skipping state exchanges paid for by an employer mandate to either fund health care insurance for employees 50 or more or to pay a fine in effect into a state exchange. the language for funding state exchanges isn't there for the federal exchanges. something like 15 to 20 states now are opting for the federal exchange so there's no funding mechanism. so the house has to revisit this. taxing legislation has to come through the house of repre
post election lame duck session and talk about lame, if the senate doesn't act here, if the house doesn't act, if the president doesn't act, in unison, your taxes are going up come january 1st to help raise revenue to pay down the national debt. stay with me here for a moment because we'll show you exactly, you know, how much your taxes will be rising. but here's the thing. it doesn't have to happen, this predetermined jump in income taxes and the new parlor game on capitol hill is to pick the next republican, follow me here who is willing to break a no tax pledge made to a very powerful lobbyist, in order to cut a deal with the democrats to focus the pain of new taxes on the wealthy. see this picture? see these three guys. here is yet another republican speaking just this morning. >> i'm not obligated on the pledge. i made tennesseans aware i was just elected that the only thing i'm honoring is the oath that i take when i serve when i'm sworn in this january. >> so republican senator bob corker is saying his oath of office trumps any no tax pledge made to washington lobbyist grover nor
and fracking and what he says on over regulati and the dollar a year salary. now thathe election is over, will the keystone pipeline timely win approval? transcanada recently submitted a new plan to the government, and i spoke with the ceo of transcanada all about tt plan as well as his expectations of the billions spent so far will be worth it, and that the pipeline will prevail. plus, wall street got the blues. u.s. debt mounts and tax hikes andrew the corner. guess what? there's plenty of ways to make money, even in an obama econy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the energy field, for example, we he just tremendous opportunities, particularly in the natural gas area. we got a game changer here. we got a fuel t
today. can't get enough romance in my day. >>> the white house election shows where the people stand on the economy, the fiscal cliff. but today we have some very specific answers to very interesting questions. cnn's political editor paul steinhauser joins me live. first of all, paul, are people paying attention to the fiscal cliff? >> it seems they are. look at this, a cnn national poll out this morning. and we asked, what will the effect be on the country if it goes over the fiscal cliff? nearly 7 in 10 say major problems for the country, maybe even a crisis, with only about 3 in 10 saying minor and no problems. and john, personally, three quarters tell us they think their pocket books will be affected if the country falls off the fiscal cliff. >> we've heard both sides fighting. what do americans say they want to see in the deal? >> they want compromise, and what do they specifically want? look at these numbers. two-thirds say they want spending cuts, and some tax increases combined. only about 3 in 10 say just spending cuts. and john, it's interesting. when we asked just republic
. he was first elected back in 19 0 and is preparing to enter his 17th term when the 13th congress convenes next year he currently serbs as chairman of the science, space and technology committee. he is the longest serving member of the committee and the first member to serve as a ranking member as both a republican and a democrat. now everybody know what is a comedian that ralph is and i want to share a funny story with you about him. at his birthday party in may of 2011, i was asked to say a few words about him. so i talked for a few minutes about him and about what it was like to serve with him and i ended by saying that i hoped to wrap up my time in congress in just three to four terms and would never aspire to serve as long as he is. to which ralph dryly replied, well, bill, we're going to miss you. he adds levity to every situation. mr. speaker, it's an han nor to work alongside ralph. i look forward to serving with him in the future and to addressing the many pressing needs of the american people. thank you and i yield back. the speaker pro tempore: mr. speaker, i yield two
to the united states of america. we don't obviously want to see the democratic elected democrat take the place of the undemocratically elected dictator, which is the case before that. that could set the stage for more violence. >> they are having a devastating impact on children. a united nations report says children will feel the attacks, even with the cease fire. 37 of those killed were children. >>> checking bay area headlines. san jose leaders will move tomorrow to hear what qualities the public wants in their next police chief. they would fire blanks, but could use the birdshots. they have had 180 including some that caused major damages to the planes. >>> a challenge of the defense of marriage act, that might be one of several they consider this week. the justices, they will decide whether or not to hear an appeal from the defenders of proposition 8, the initiative banning gay marriage. they are expected to meet this week to decide which cases they will hear next year. >>> a new pastor was sent packing. cbs 5 reported on whether or not the congregation wanted nothing to do with their new
demonstrated in support of the democratically elected president. >> he is trying to take care of the country. he is trying to secure stability for this country. >> reporter: rallying on his behalf, they are opposing the judge's club that calls for a national wide strike. lawmakers in the united states say while they appreciate their help brokering the cease-fire, his actions raise concern. >> to assume this kind of power is unacceptable to the united states of america. >> we don't obviously have want to see a democratically-elected aut ocrat take place of a dictator that was the case before that. >> reporter: opposition in support groups are planning competing rallies in cairo at locations less than a mild apart. it could set the stage for more violence. >> back at home, enjoy the nice weather. change is coming for the workweek, les birth? >>> it has been a pleasant holiday weekend weatherwise. we will see clouds rolling in and patchy fog. coast bay and inland, the temperatures will stay in the 40s, low to upper 40s along the coast and bay. by tomorrow, we will see highs in the 60s, once a
house republicans elected by the more conservative group and the white house. we have a long way to go. >>> chuck todd on the white house lawn for us, thank you, and with due respect, while washington is one thing, and we know how they act. if this happens it will affect american lives and households millions strong. >>> tonight, we asked sharon epperson to go over this with us, it would be about personal finance >> it certainly would be, brian, and we're talking about nearly every taxpayer that will be affected. the first place you will see it is on your federal tax rate going up for middle income americans. we're talking about $2,000 a year extra that you will pay. and as the tax rate goes up, whether you have a job or are living off your 401(k) or retirement money, you will see your percentages that you pay on that income significant. we'll also see an increase on the payroll tax, so somebody making say, $50,000 a year will see 20 extra a week that they will pay, or more than a thousand on the year. and here is the big one, the alternative minimum tax. about 27 million people will b
with president obama's biographers after his re-election. hear from journalists ron suskind, author of "the confidence men: wall street, washington, and the education of a president." the atlantic, aspen institute, and the newseum hosted the forum. >> we have one titled "why did he win and why did he lose"? it was about obama, and now the title is "how did he win?" we have three authors of excellent books about president obama, john alter, ron suskind, and draifd maraniss who will be interviewedded by a great biographer, and my former editor, walter isakson, and asked the question what is he really like? >> and where is the profile? >> yeah. it's only laptop. i'll get it to you after this is over. walter, thank you. >> margaret, thank you, thank you, all, great to be here. [applause] david, for those who can't figure out which is wish, david, jonathan, and that's ron. the next book -- in fact, starting in the middle with john. talking about -- i can say your title; right? >> well, it would be the first time, but that's all right. >> breaking news here. those who like the fall can,s things f
of attention in the days leading up to the presidential election as he repeatedly praised and thanked president obama for doing his job in storm recovery. those high approval marks are also sparking new speculation about a potential presidential run for chris christie in 2016. >>> and speaking of that, another possible republican contender is your friend, go ahead -- >> jeb bush. >> yep. he met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> according to "the national review," mika, governor bush sat down with a number of veteran florida operatives along with mitt romney's pollsters. he said mr. bush remained coy about making a run for the white house and instead deflected the focus towards his efforts on educational reform. >> potential candidates are lining up for a chance to fill congressman jesse jackson jr.'s house seat after he resigned amid scandal last week. a special election is set for mid-march but will likely be pushed to april. the son of the famed civil rights leader is currently the target of multiple in
. the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the -- 6. >> anybody want to top that now? >>> on cbs "this morning." >>> the rolling stones marked their 50th anniversary with a concert in london and head to the united states next month. ♪ hey, you, get out of my path ♪ you know when i'm going, out of my path ♪ captioning funded by cbs >>> welcome to cbs increases and automatic spending cuts that would start in january. >>> this morning there are ne
about hurricane sandy. the republican responses by the newly elected chairwoman of the house republican conference. she also talked about thanksgiving and said republicans were ready to work with president obama to avoid the so-called fiscal cliff. obama talked about of the obama family, i want to wish everybody a very happy thanksgiving. for us, this is a day full of ta family, i want to wish everybody a very happy thanksgiving. for us, this is a day full of family and>> on behalf friends,d football. it is a date to fight the urge to take a nap, at least until after dinner. most of all, it is a time to give thanks for each other and for the bounty we enjoy in this country. that is important this year. we have just emerged from a campaign season that was passionate, noisy, and vital to our democracy. it also required us to make choices. sometimes that led us to focus on what sets us apart rather than ties us together. thanksgiving is a chance to put it all in perspective. to remember that, despite our differences, we are americans first and foremost. today we give thanks for blessings t
. they are blaming obamacare on this, but this was before the election the price of health care was going up. across the board, we are not dealing with problems at hand. both sides of the aisle, those that don't want to give an answer to this before we go over the fiscal cliff, they're not responding to the will of the people. they will be voted out. there's no doubt. if we have some very lovely and caring republicans that are very conservative and we love them, but we will vote them out if they don't fix this. we are holding them responsible as we are holding the democrats. host: thanks for the call. we will continue discussing the fiscal cliff and taking your calls. we want to point out some other news going on in the world. here's the front page of the boston globe this morning -- clinton was dispatched by president obama to israel and is meeting today with egyptian officials and palestinian officials as well. the headline from the tribune -- late tuesday night clinton met with benjamin netanyahu in jerusalem and plans to go to the west bank on wednesday. clinton is preparing to step down early n
days after the election to resign instead of letting voters select his successor on november 6th. congressman bobby rush the only person who beat barack obama in an election is sticking um for the embattled 47-year-old. >> i don't think that anybody has been duped. i think that that this is a process that no one really knew exactly what was going to happen. >> jackson was under investigation for allegedly skimming campaign funds to remodel his house, among other things. and in a letter to speaker boehner said i am aware of the ongoing federal investigation into my activities and i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone. within four days, illinois governor pat quinn is expected to announce the date of a special election to replace expwraction and former congresswoman debby halverson who lost to jackson in a primary this year hasn't ruled out another run. she also made clear she doesn't think much of the nine term congressman. >> i hate to use the word
elected from 1964 to 2008 comes from a state of the sun belt. lyndon johnson, nixon from california, gerald ford was never elected so he doesn't count. jimmy carter, ronald reagan from california, the first george bush from texas, bill clinton from arkansas and the second bush from texas since 2008 is a watershed election. there were critical of the politics that the flood that came out of the sun belt. they tended to be oriented around issues of strong national defense of an opposition to the union and the defense of the free enterprise politics. and also it's in the sun belt in the south and the southwest that we see the rise by the 1970's to talk about is the religious right's involved in the political process in the new and important ways. so he was at the forefront of all of those issues and his own politics national defence, a staunch anti-communist that set an important goal in the right wing anticommunist politics in the 1960's one of the things that led the party is in 1964. even the early in his career he was a staunch advocate of the unions in south carolina back in the 3
of whether or not to run for re- election, but if california becomes the number one state in the country on recovery side, first to solve the problem on the finance side. he has take an first step to do that. the next step will be can you keep local publics from going bankrupt. he will do that, as well. you will see a dramatic change in the employment category for california. when all that happens jerry will be able to go across the nation saying i didn't follow my need. >> nonif i should take off right now. the idea of him running for president yet again? what do you think? >> the country is open to lots of possibilities, i think, but a buddhist president, an 80-something-year-old buddhist president, i don't think we are ready for that. >> you don't see him doing that anymore. >> that is true, but -- . >> he is quoting the bible more. >> so, maybe he is running for something other than that, but it is not out of the woods yet in california. it is still a very tricky economy. it could go -- these bubbles could start bursting, as well. >> you have to understand that he has sped i
and run amok and it has become of bully. >>host: november 2012 what did those elections clarify? >>guest: lot that we need to do something to grow as as a party and are in danger of becoming a dinosaur if we cannot figure out what they want in doing gland and around the great lakes purposely cannot figure out what they want we will not win as a party. i think they are conservative and we should balance the budget but they don't think we should be at war all the time. say one more tolerance to put people in prison for possession of marijuana comment to see more local judges, less present time. i am not encouraging people to use marijuana but don't think they should be in jail for it either. >>host: we did a long interview on your first book you can see that on book tv's.org. the premise? >> the tea party goes to washington and. with the tea party movement probably the biggest happen in 40 years. hundreds of thousands of people were showing up and it transformed the way we think that people began to question the law that was passed as obamacare
to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi and condemn him now. >> this is not what taxpayers expect and our dollars will be directly related to the progress toward democracy which he promised the people of egypt when your party was elected president. rye nouns t renounce the statement he just made. if the judiciary is flawed in some way they can be cured over time. to assume this kind of power is unacceptable to this: >> the white house hasn't yet responded to el bardi's plea but they will address the situation today. >>> the weather update with maria molina. hope you had a great holiday. you have a storm we are keeping an eye on through the southeast. >> hope you had a good holiday as well. that's right. we have a new storm system through the portions of the northern plains but it is impacting parts of the southeast and bringing us snow. it won't be a major storm but we wil
of things going on in politics as ever. we had regional elections in spain. yields you can see slightly higher, but still well below 6%. now, these regional elections fairly important because we know catalonia has been pushing on on independence. now, it looks less likely we'll get that referendum, but not because people in catalonia are any less eager on a separatist movement. just that they didn't vote for the main guy who is proposing it. they voted for competitor party which is makes it slightly harder in the short term for them possibly to get a referendum going. so eases the pressure in the short term but means there is still a longer term problem there. catalonia is one of those regions that still has very large deficits, as well. so the politics in spain slightly skewed as they will be, but not so much pressure on rajoy at the moment. unlikely to ask for assistance in the short term. we also have another euro group meeting take, back in brussels, yes, i know, we seem to have one every week. they may come up with a long term financing deal for greece. finally talking about debt f
the pledge does of course is allows, elected officials, to make it clear openly to the american voters where they stand. are tla they going to be a reforming government or raise tacks to continue more of the same? >> reporter: norquist's threat, he will help fund republican campaign challenges against any member of congress that violates the pledge. >> so what i think i hear you saying, we won't go over the cliff? >> i think we will continue the tax cuts. not raise taxes $500 billion. >> reporter: while norquist tries to keep republicans in line, major unions have already spent $300,000, targeting democrats, hoping to stop any cuts to entitlement programs. congressional staffers met over the holiday week, congressional leaders hope to meet with the president in the coming week. there are predictions this could be wrapped up by christmas. we'll see. david kerley, abc news, the white house. >> that's a big "we'll see." christmas seems optimistic as compared to 11:59, december 31st. >> do you think they're going to keep everybody sweating? that's my prediction. >> they have a lot of miles to cr
. during last year's failed talks on a grand bargain and more recently in his first post election press conference. >> we have to continue to take a serious look at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted tax rates must rise. today a top democrat signalled openness to the republican stance. revenue could be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just aren't hiring. kate. >>> mike viqueira at the white house. senator john mccain softened his tone after vowing to block the nomination of u.n. ambassador susan rice to be hillary clinton's successor. he a
't obviously want to see a democratically elected autocrat take the place of an undemocratically elected dictator. which was the case before that. >> holly williams is in cairo this morning. what's the latest there now? >> reporter: good morning, terrell. here in egypt we saw a lot more violence yesterday. in cairo, protesters who were angry with president morsi fought running street battles with the police. protesters throwing rocks, police firing back with tear gas. one person was killed when a crowd attacked the headquarters of the muslim brotherhood, the islamist group from which the president draws much of his support. beyond the violence you get the sense the president's opponents don't quite know what to do. some people are trying to mount a legal challenge to his new powers. given the fact that he's now made himself immune to the courts, that may be useless. terrell? >> is this likely to be resolved in negotiations or could we see this turn into a long, drawn-out affair with protests similar to what we saw during the ouster of former president hosni mubarak? >> reporter: many peo
the employment numbers. 1 million more private sector jobs over the last two years. since the last election, 190,000 fewer people on out of work benefits. just in the last quarter, employment up by 100,000, unemployment down by 49,000. while we're at it, let's just remember, labour's poisonous legacy. youth unemployment up 40%. women unemployment up 24%. 5 million on out of work benefits. that's the legacy we're dealing with and we're getting the country back to work. [shouting] >> ed miliband. >> i wish for once, mr. speaker, you would just answer the question. i asked him a very civil question about whether long-term unemployment had gone up by 96% since the work program was introduced and and its issues. while he's talking about labour's program, let's talk about the future jobs fun. last friday the government entered a very interesting document, mr. speaker. he spent two years rubbishing the future jobs fun. what does this document say? it said the scheme provided net benefit to participants, their employers and society as a whole. in other words, it was a success. it held 120,000 young peop
as a result of paying it earlier. >> adelson loses in the election so he realizes rates are going higher so he pays a special -- >> i don't know what the numbers add up to. he spent over -- how many millions did he spend? >> for investors that want to catch the next one, it's a shot in the dark to know who will be -- we're kind of running out of time here. >> the clock is ticking. >> go to one where you have grandkids relying on the dividend. anyone out there? >> it's great point. >> generation skip? >> walton grandkids, $800 million a month in dividends. >> how do you spend all that? >> i don't know. >> but brown forman is a fantastically performing -- a real winner. you may know this as jack daniels. very successful -- very successful growth company. as has bean. these are very, very cash flow spewing companies and they're giving it to you. i love it. i really do. >> it's amazing. >> we talked about it so long ago after the election you started to see it pop one after another. walmart setting the tone. >> returning capital to share holders is a theme. adt as well increasing its share repurch
, boyfriend, arrived -- one time my partner, borden, said mickey should do a direct election. i said, why? the designer from the 1980's. he said, yes, but maybe it is could for perfume, things like that. to have an international passport. ok. but deep inside, i know that i should have loved to make one coutoure collection like that. a dream of the elegance of paris. and i remember that i propose -- it was the last new bid of coutoure that arrived. i thought to propose -- [unintelligible] why don't you take one designer like vivian westwood or others to make one season, one coutoure collection? >> you should call some up immediately and suggest the deal. >> [laughs] that is true. each one to make their own collection should not be back. a very attractive idea. >> as you do not want to talk about art, we will not say your work is art. let's be very vulgar and talk about money. [laughter] it is extraordinary what you have produced in coutoure. does that make any money? quick to be honest, what we produce in coutoure does not make money but it does include money. i must say, i am very proud o
and the next election and the last government manage 200 academies in 13 years, we did 2,000 in 2-1/2 years academy and preschool with the agenda the biggest possible boost we can. >> a certain closed question. >> i look forward to visiting scotland soon and i will look carefully whether i can visit the hon. gentleman's constituency. >> if you months ago came to my constituency and was going to give me the opportunity of taking a around, and my apprenticeship and -- a mind, the taliban who was a loan shark, a weak a pound for the workhouse. today -- >> could we have a question? >> you hold one of the great opportunities of a state. so did the prime minister to drive these over the economy. >> made the offer to the hon. gentleman on would happily share a platform to defend the united kingdom. the invitation got lost in the post and i make the offer again. and we have seen the report a preliminary report before the full report. that is why the office of fair trading has a new power to suspend the consumer credit license. the report shows many companies are not sticking to the guidelines and t
pledge is under assault? >> no. what the pledge allows elected officials to make it clear to the voters where they stand. are at the they going to be able to raise taxes or continue more of the tame saim. >> he will help fund republican challenges against any member of congress that violates the pledge. >> what i think i hear you are saying, we won't go over the cliff? >> i think we will continue to raise taxes but not raise taxes $500 billion. >> while he tries to keep republicans in line, major unions have spent $300,000 targeting democrats hoping to stop any cuts to entitlement programs. >> congressional staffers met over the holiday week. they hope to meet w with the president in the coming week. they hope to have it rapid wrapd up by christmas. >>> jimihendrix has a new album coming out. rolling stones played a rare show in london. a look at the few songs. crisp night. leigh glaser is up next with the forecast. >> i'm mike shumann, 49ers rode the arms and legs colin kapernick. kapernick. monday night debut ♪♪ you can help othersnk along the way. ♪ ♪ a portion of every bottl
dive, very, very foggy in that area -- minute drive, very, very foggy in that area. >>> since election day one sector of the economy has shown explosive growth probably not the kind of stimulus white house wants to see, people have been buying up guns and ammunition at a frantic pace out of concerns the administration might push ahead new restrictions. newspapers reports gun and ammo sales are twice than this time last year. they fall short of the mad rush to buy firearms after the president was first elected in 2008. gun retailers warn there could be shortages on the horizon in sales continue at their current pace. >>> this week a decision is expected on fate of a popular north bay oyster farm, abc7 news has been reporting on the fight over drake's bay company since 2007. the park service claims the -- harming the environment and they want i closed. the national academy of sciences found the park service environmental review lacks strong scientific support because there wasn't enough data available. interior secretary salazar has the final say his decision is expected within the next
. the problem is that time is marching on. we've had the election, we've had thanksgiving. the excuses are running out. the lame-duck session is only so long. that's probably why the markets are getting nervous. although you may get a deal done in q-1 rather than in q-4, the fact that it actually hits from january 1st is going to keep business very cautious, very defensive and that's going to worry the equity market. >> it's interesting because it also comes against the landscape where we've seen chinese equities underperform, they reminded us very few of its member countries have great growth prospects going forward. that's probably wise. people are saying why is it that across the globe the u.s. fiscal cliff is such an issue. well, it's because sources of growth at this point are few and far between. >> that is the problem. where is growth going to come from. the one place that looked set for a reasonable 2013 was the u.s. economy. europe flat, china slower probably than this year. but a reasonable set of growth. if you put a 3.5%, 4% of gdp drag on that economy which was only growin
that, some say until after the elections. >> jim, thank you very much. >>> at $267 million u.s. prosecutors call it the most lucrative insider trading scheme ever. we get reaction from the judge who presided over the raj raj rat man trial and which tablet will santa be carrying this year? americans are always reado work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this he pursuit of perfection. >>> after years of effort the government now directly linking steven cohen to an insider tradin
to talk about him a little bit. we arrange this, i think, because we figured post-election would be a really good slow news time to come out to arizona. god knows, we could not predict the director of the cia would resign this week and the worst hurricane or storm to hit new york for 100 years hit two weeks before. i am really proud of the election coverage, which was on the tail end of the storm coverage. and i was proud of the storm coverage. you have hundreds of people reject as a one of the great things for e students to look forward to. when you are with a terrific news organization. i love what i saw here in terms of the broadcast being put on and everybody putting on what as one of the greatest facilities i have seen. the spirit -- you will see it and the local newspaper -- how important it is we are still public servants. i think so much of what happens in a news today, people forget that. they forget -- you are here as a public service. that is an important part of what we do. the idea that everybody of the hundreds of people that work at cbs news during the crazy week o
up above 13,000 barely on the dow. europe taking stock of spanish elections over the weekend waiting to see if they can agree on the bailout for greece. we start with black friday shopping weekend. numbers look out as we kick off cyber-monday. which retailers crushed it and which ones were crushed? >>> if you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. we'll discuss the potential impact as they meet in brussels right now. >> a big day for analyst upgrades. research in motion, facebook, yahoo! we'll go over those and see why citi needs three analysts to initiate coverage of apple. we'll begin with retail sales picture from this past weekend. 139 million consumers shopped during black friday weekend. that's up from 132 million last year. total spending up to 59.1 billion to 54.4 a year ago. average holiday shopper spending $434 over the weekend. sales on black friday fell 1.8% from the same day a year ago setting the stage for today known as cyber-monday. american shoppers will spe
quickly rose to be the voice of democracy in burma, creating the national league for democracy. elections followed in 1990, where her party won 80% of the seats. that joy quickly turned to tragedy. the military junta nullified the election and arrested aung san suu kyi. she would spend the better part of two decades under house arrest, unable even to visit her dying has been -- husband. in 1996, i recall being approached to sponsor a burma sanctions bill. sanctions were only loosened in july of this year. senator mcconnell later became one of aung san suu kyi's chief advocates in the senate and we continued to work on behalf of the people in burma. in 2003, following an assassination attempt, senator mcconnell and i worked to pass an important and that remains in place today, an effort to bring about further reform. and i must say, burma is extremely lucky to have a champion mike aung san suu kyi. in the face of violence, harassment, intimidation, she has never wavered in her pursuit of human rights. she celebrates the release of political prisoners, including the approximately 90 release
. on the other hand, though, it looked as though in the upcoming election that is are going to happen on january 22nd that he probably would not get back into israel's parliament because the faxz that he leads in parliament is simply so small and doing so badly that they probably wouldn't get in, so it seemed as though the chances of him remaining defense minister were very, very slim. now he is seeming to take the high road out of office. >> fred, some people are definitely reading more into this. hannan is a member of the palestinian liberation organization's executive committee, and here's what she said. she said she hopes this signals recognition of the futility of the military approach and the adoption of violence as means of dealing with the palestinians. do you think, in fact, that by him leaving this is a message that perhaps that is true, that that is not the way to go? >> absolutely not. i mean, one of the things that is definitely true about ehud barack is that he looks obviously very fondly back upon his own military career. he was, of course, a part of the special forces unit in the
up for re-election in 2014. maybe they'll face a challenge from the right. take a look at what lindsey graham said on the sunday talk shows. >> when you're $16 trillion in debt the only pledge we should be making to each other is to avoid the coming grief, and republicans, republicans should put revenue on the table. we're this far in debt, we don't generate enough revenue. >> and that's his key difference here. he says he's okay with the no taxes but we do need to raise revenues and if that means cutting back on such things as tax rates, he will do it. also he says the democrats have to come forward here, as well. they have to do entitlements if he's going to break his pledge. zoraida? >> paul steinhauser live in washington for us. thank you. >> we're in the midst of the shopping frenzy and some people are seeing encouraging starts to the holiday shopping season. a record 247 million shoppers hit the stores and websites over the weekend. the national retail federation said they also shelled out more cash compared to last year. >> will shoppers still be in a spending mood today
and the shareholders who elect these individuals allow companies to move assets to the highest form? john malone constantly spins off things shuffling paper. looking to not only grow intrinsic value, but allowing it to surface. if you just bought a basket of securities that dr. malone had over the years, you'd have compounded assets at about a 15% the last 20 to 30 years. buffett does something else, buys and holds. irene rosenfeld, i said she's going to buy cadbury, she took it, put it into a package, spun off kraft. mondelez is a fantastic asset. another example, hillshire, sarah lee, we talked about that spinning off. look at the pieces. what are the elements that are worth? hillshire is a company 120 million shares, the stock's around $25, $3 billion market cap, basically the company sells protein for breakfast, jimmy dean sausages, the sausage category, how big is it? >> might be a little fat -- >> lunch meat. joe -- >> well, it's sausage. i want it. i eat it, i want it. i'm telling you it's not all protein. this is good. >> hot dogs, joe. >> just sort of in a trance. it's sort of a relief,
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